Agribusiness investment firm head says a collapse in the land price has begun | Stock & Land
GoFARM managing director says too much cheap money has made some farmers "do silly things."
Source: stockandland.com.au
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GoFARM managing director says too much cheap money has made some farmers "do silly things."
Aware Super has sold its Lake Boga farming portfolio to agricultural investment firm goFarm for approximately $30 million.
Australia’s third-largest superannuation fund sold its Lake Boga aggregation of 38 farms to investment firm goFARM for $30 million, but retained water rights.
Record prices, a bumper crop and low interest rates have fuelled double-digit returns for farmers in many parts of Australia.